PREMIER LEAGUE

SECTION V: PLAYERS – TRANSFERS OF REGISTRATIONS
V.33. Where any Compensation Fee payable under the provisions of Rule V.17 is not
agreed between the Transferee Club and the Transferor Club, the Transferee Club
shall upon applying to register the Out of Contract Player pay into the Compensation
Fee Account at least half the Compensation Fee offered to the Transferor Club and
the balance shall likewise be paid as determined by the Professional Football
Compensation Committee under Rule V.27.2.
V.34. If the registration of a Player is further transferred before the Compensation Fee in
respect of an earlier transfer is paid in full, the Transferee Club in that earlier transfer
shall forthwith pay the balance of such Compensation Fee into the Compensation
Fee Account save where it has received an instruction in accordance with Rule
V.30.2, in which case it shall pay such balance to the assignee named in the
instruction on the date or dates when it becomes due under the Transfer Agreement
pursuant to which it acquired the registration of the Player.
V.35. An agreement for an International Transfer and a Transfer Agreement with a
Transferor Club which is not in membership of the League or the Football League shall
provide that the Compensation Fee, any instalments thereof and any Contingent
Sums payable by the Transferee Club shall be paid (together with any Value Added
Tax payable in respect thereof) to the Football Association by telegraphic transfer or
by such other means as the Board may from time to time direct for payment to the
Transferor Club in accordance with the Football Association Rules.
V.36. Upon the happening of a contingent event resulting in a Contingent Sum
(including for the avoidance of doubt, contingent compensation payable pursuant
to the Youth Development Rules) becoming payable:
V.36.1. in the case of an International Transfer, the Transferee Club shall forthwith
inform the Transferor Club in writing to that effect and within 7 days pay
such Contingent Sum in accordance with Rule V.35;
V.36.2. in every other case, the Transferee Club shall forthwith inform the
Transferor Club to that effect on Form 32 and within 7 days pay such
Contingent Sum in accordance with Rule V.29.
V.37. If any Transferee Club acts in breach of Rules V.29 or V.32 to V.36 inclusive:
V.37.1. the Board shall have power to refuse any application by that Transferee
Club to register any Player until any sums then payable to its Transferor
Club are paid;
V.37.2. the Board shall have the power set out at Rule E.24;
V.37.3. the Board shall have power to impose a penalty in accordance with the
tariff of applicable penalties which it shall from time to time notify to Clubs;
V.37.4. that Transferee Club shall pay to its Transferor Club interest on any part of
a Compensation Fee or Contingent Sum not paid on its due date at the
rate of 5 per cent over the base rate from time to time of Barclays Bank Plc
from that date until the date of payment together with such other penalty
as the Board in its discretion may decide.
M.33
M.34
M.35
M.36
M.37
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PREMIER LEAGUE RULES: SECTION V